Lets fill y'all in with my progress as of late
Right, ran a compression test and cylinders 1 and 4 are very low (plugs had oil on them too). She is chucking oil out the zaust, back of block and exhaust fumes out of my oil catch tank. Stripping her down slowly and methodically, labeling EVERYTHING and so far we are ok and Im down to the block head.. now i am confused...
I have come to the conclusion that i have not got a ****ing clue whats wrong!? Here are some pics to possibly help my explanation to what I found.
Big thanks to my mate jim too for letting me use his supersize garage!
Before:

After:

The valves all look fine?

No detination to any piston, I also put the crank pully through one cycle and felt all the bores, nothing of any merit to be found there. You can see that the oil has been going down the back of the block most notably through 1 and 4. Also a couple of the head bolts were fully submerged in oil when I removed them whilst others were bone dry, is this normal?
The only other thing I noticed is that on the bore wall at the top of the stroke of 1 and 4 its a little more rough than on 2 and 3.